BitcoinUpdated Bitcoin fight between bears & bulls
It was a crazy weekend. Whales moving huge amounts of cash from exchanges and on exchanges. Nobody really knew what will happen.
Also it was the first time, BTC didn't adjust to stock market % of gains / losees. That correlation was quite funny last few weeks, if Markets closed with -7%, also Bitcoin did. firstly it moved up, and in the end Bitcoin always adjusted to the main markets.
What we want to see? Correlation between those markets. To see if Bitcoin is actually capable of going in it's own direction, or it is totally dependend of what big brothers do.
What could surprise us? All the world is in fear about covid & economic crysis. But we are forgetting that China is almost over with that pandemic crysis and they could start the economy really fast.
And what is the best way to F**K with Americans? To buy all shares and Bitcoins by discounted prices. It can happen, and it can happen so fast, that nobody will realise what happend.
Stay safe, wash your hands & think about few moves in advance :)
Also it was the first time, BTC didn't adjust to stock market % of gains / losees. That correlation was quite funny last few weeks, if Markets closed with -7%, also Bitcoin did. firstly it moved up, and in the end Bitcoin always adjusted to the main markets.
What we want to see? Correlation between those markets. To see if Bitcoin is actually capable of going in it's own direction, or it is totally dependend of what big brothers do.
What could surprise us? All the world is in fear about covid & economic crysis. But we are forgetting that China is almost over with that pandemic crysis and they could start the economy really fast.
And what is the best way to F**K with Americans? To buy all shares and Bitcoins by discounted prices. It can happen, and it can happen so fast, that nobody will realise what happend.
Stay safe, wash your hands & think about few moves in advance :)
Note
Bitcoin is touching trendline resistance, and losing some steam.I think there will be a smaller decline before we go up again
Note
target reached
“If you personalize losses, you can't trade.”
“If you personalize losses, you can't trade.”
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